Sportradar Q3 2026: Revenue Surges 24% as U.S. Business Jumps 47%

Third-quarter fiscal 2026 revenue of $405.53 million came in above expectations, a top-line gap wide enough to force analysts to revisit their models. GAAP diluted EPS of $0.10 met expectations even after absorbing foreign currency, restructuring, and impairment charges.

American revenue rose 47% year over year, driven by prediction market adoption and premium content uptake, making the U.S. a more meaningful piece of the story. The Betting and Gaming Content segment expanded 37%, fueled in large part by the integration of IMG ARENA rights acquired in a prior period.

CEO Carsten Koerl pointed to prediction markets and IMG ARENA as the specific engines of growth, stating that performance was driven by strong demand for the premium content portfolio and significant contributions from across the prediction markets landscape. Sportradar expanded its Polymarket partnership to more than 20 leagues and competitions, including the Bundesliga, Euroleague Basketball, and the Tennis Grand Slams, broadening the commercial footprint in a fast-moving segment.

Management reiterated full-year 2026 guidance of 19% to 21% constant-currency revenue growth. A planned divestiture of Atrium Sports to Teamworks Innovations for $170 million is expected to close in Q4 2026, with guidance set to be updated when it finalizes. The company also repurchased shares during the quarter under a $1 billion program.